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  1. China’s petrochemical surge is driving global oil demand growth. Sources. Global and Chinese quarterly oil demand, 2017-2024 - Chart and data by the International Energy Agency.

  2. The most important statistics. In 2023, world oil demand exceeded 100 million bbl/d for the first time since the pandemic. Forecasts suggest global oil demand will grow even more in 2024.

  3. Oct 24, 2023 · Continued demand for oil and gas services and equipment is likely to grow in 2024 and beyond as upstream operators respond to increasing needs for energy security and a realization that conventional energy supplies will be needed longer than believed, the top executive of oilfield services provider Halliburton said Oct. 24.

    • Starr Spencer
  4. Monthly Oil Market Report 2024. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.

  5. Mar 14, 2024 · The International Energy Agency expects worldwide oil demand to increase by some 1.4 million barrels per day in 2024. This estimat from February 2024 is lower than previous forecasts and also a...

  6. May 11, 2023 · Oil demand in the U.S. appears likely to reach levels close to the pre-pandemic era, despite talk of working from home and reduced business travel.

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  8. Jan 17, 2024 · OPEC, in a monthly report, said world oil demand will rise by 1.85 million barrels per day in 2025 to 106.21 million bpd. For 2024, OPEC saw demand growth of 2.25 million bpd, unchanged...

    • 5 min
    • Alex Lawler
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